Risk Management
Risk Management
Module Coordinator/Lecturers
Study Programmes
Master's degree programme in Finance
Master's degree programme in Innovative Finance
Project Description
Risk Management provides an introduction to concepts and methods for modern financial risk management and to the ideas behind its regulation.
Key topics covered are:
Key topics covered are:
- Introduction to risk management
- Risk measures: volatility, correlations, copulas, value at risk, expected shortfall
- Risk-neutral vs. real-world distributions
- Stress testing
- Market, credit, operational, liquidity, and model risk
- Rating agencies and credit ratings
Teaching Method
- Interactive lectureExercises to be solved individually or in groups between classes
Learning Results
- After successful completion of the course, students willProfessional competencesunderstand the importance and the potential of financial risk management for financial practice.select and apply appropriate risk management techniques in practice.understand financial crises and their relation to (bad) risk management. - Methodological competencesestimate risk measures from financial data using a range of established models.value credit derivativesapply appropriate methods to identify and measure financial risks. - Technological competencesuse R for simple calculations.
Assessment Methods
Final written exam